David Heun is an associate editor for technology at American Banker.
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Mergers and acquisitions among payments companies rose 44% in 2014 compared to the year before.
By David HeunJanuary 22 -
2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.
January 22 -
2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.
January 21 -
Lower gas prices are prompting more card spending on restaurants, hotels and other discretionary categories, according to Richard Davis, U.S. Bancorp's chairman, president and CEO.
By David HeunJanuary 21 -
Online money transfer service WorldRemit has signed a partnership with a telco that serves Africa, Asia and the Middle East to enable its customers to send money to mobile wallet users in those regions.
By David HeunJanuary 20 -
Turning off your phone before you go into church is probably a good idea unless you plan to make a donation.
By David HeunJanuary 20 -
The upcoming Apple Watch, which does not have a built-in fingerprint reader for Touch ID authentication, will use a four-digit passcode to engage Apple Pay for mobile payments.
By David HeunJanuary 16 -
Businesses that don't take full advantage of their security software are wasting money and facilitating the hackers seeking access to their payment data.
By David HeunJanuary 16 -
Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software.
By David HeunJanuary 15 -
Banks in Europe are selling digital gift cards alongside traditional bank accounts, allowing online consumers to buy credit for Facebook, Nintendo, Spotify and other content providers.
By David HeunJanuary 15 -
In a push to get commuters in Athens, Greece away from paying cash for public transit tickets, the mobile ticketing provider Masabi will add MasterCard's MasterPass as a payment option.
By David HeunJanuary 14 -
Processor First Data is working more closely with long-time partner Underwriters Laboratories to speed up the EMV testing process and certify the chip-card technology in the U.S.
By David HeunJanuary 13 -
Government officials in Gujarat will partner with MasterCard to pursue a goal of being the first state in India to have a digital payments system.
By David HeunJanuary 13 -
A Swiss bank has partnered with acquirer SIX Payment Services to issue a debit card that enables both contactless and regular transactions.
By David HeunJanuary 9 -
ICICI Bank has launched what it calls India's first contactless debit and credit cards using Near Field Communication technology.
By David HeunJanuary 9 -
Nine Polish banks are pushing ahead with the country's mobile payment efforts, promising to launch a Visa-backed, cloud-based contactless service early this year.
By David HeunJanuary 9 -
The European Commission last month drafted another version of its proposed revision of the Payment Services Directive, known as PSD2 in Europe, with a goal of enacting a wider regulation of payments and interchange fees that reflects modern technology, security threats and stakeholders in payments.
By David HeunJanuary 9 -
The earliest implementations of the 3D Secure e-commerce system amounted to a password for consumers' payment cards and a link between consumer and card issuer an idea that is growing stale in a world where consumers are able to authenticate payments with more sophisticated tech.
By David HeunJanuary 8 -
Like a coach turning to an old playbook, fraudsters have resurrected an e-mail spam method to attempt to steal personal and card data from bank customers in the U.K.
By David HeunJanuary 7 -
Financial messaging service provider Swift has made good on a 2010 commitment to reduce fees and will issue more than 30 million euros (U.S. $35.8 million) in rebates to service users worldwide.
By David HeunJanuary 7
